Clime High Yield Underdogs - Managed Fund (Closed)

Fund Objective

The objective of the Fund is to capture the share price outperformance of high dividend yielding companies. It achieves this objective by consistent application of the disciplined approach of identifying temporary market inefficiencies in the pricing of companies selected from Australia's 100 largest listed industrial companies of the S&P/ASX100. The 10 with the highest dividend yield are selected and held for at least 12 months.

Fund Strategy

The investment approach is known internationally as 'Dogs of the Dow'.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns.

Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers.

Free investor guide

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-2.63%	-2.39%	-2.15%	3.94%	14.15%	1.3%	-%	-%
Growth return	-2.63%	-2.39%	-5.44%	-5.69%	6.27%	-4.73%	-%	-%
Income return	0%	0%	3.29%	9.63%	7.88%	6.03%	-%	-%
Market index (S&P/ASX 200 TR AUD)
Total return	-1.31%	2.1%	8.44%	24.89%	13.39%	8.01%	8.17%	8.32%

As at 31 May 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Clime High Yield Underdogs

Australian Equities: 89.59%

Cash: 10.41%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 93.36%

Cash: -0.08%

International Equities: 4.21%

Property: 2.11%

Fixed Interest: 0.40%

Alternatives: 0.01%

General Information

Fund Details

Type	Description
Fund Name	Clime High Yield Underdogs
Fund Status	Closed
Responsible Entity	Clime Asset Management Pty Ltd
APIR Code	CRE0002AU
Sector/Asset Class	Equity Australia Large Blend
Morningstar Rating	(as at 31 May 2011)
Legal Structure	Investment Fund
Fund Inception	21 Dec 2007
Fund Size	$4.05 million (as at 31 Mar 2011)
Entry Price	$0.8383 (as at 31 May 2011)
Exit Price	$0.8341 (as at 31 May 2011)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR) - Estimated	0.57% (as at 30 Jun 2008) (Estimated)
Minimum initial investment	$10,000.00
Minimum additional investments	$5,000.00

Top 10 holdings (as at 30 Jun 2010)

Holding (as at 30 Jun 2010)	Type	% of Portfolio
Metcash Limited	Stock	11.32%
Login now to view the complete list of holdings.

FAQs about the Clime High Yield Underdogs

What is the objective of the Clime High Yield Underdogs managed fund?

The objective of the Clime High Yield Underdogs managed fund is The objective of the Fund is to capture the share price outperformance of high dividend yielding companies. It achieves this objective by consistent application of the disciplined approach of identifying temporary market inefficiencies in the pricing of companies selected from Australia's 100 largest listed industrial companies of the S&P/ASX100. The 10 with the highest dividend yield are selected and held for at least 12 months.

What is the strategy for the Clime High Yield Underdogs managed fund?

The strategy of the Clime High Yield Underdogs managed fund is The investment approach is known internationally as 'Dogs of the Dow'.

What is the APIR code of the Clime High Yield Underdogs managed fund?

The APIR code of the Clime High Yield Underdogs managed fund is CRE0002AU.

What was Clime High Yield Underdogs’s total return last month?

Clime High Yield Underdogs’s total return last month was -2.63%. This was made up of a growth return of -2.63% and an income return of 0%. These returns were calculated as at 31 May 2011.

What was Clime High Yield Underdogs’s total return for the last three months?

Clime High Yield Underdogs’s total return for the last three months was -2.39%. This was made up of a growth return of -2.39% and an income return of 0%%. These returns were calculated as at 31 May 2011.

What is Clime High Yield Underdogs’s one-year total return?

Clime High Yield Underdogs’s one-year total return is 3.94%. This was made up of a growth return of -5.69% and an income return of 9.63%. These returns were calculated as at 31 May 2011.

What is Clime High Yield Underdogs’s three-year total return?

Clime High Yield Underdogs’s one-year total return is 1.3%. This was made up of a growth return of -4.73% and an income return of 6.03%. These returns were calculated as at 31 May 2011.

What is the asset allocation of the Clime High Yield Underdogs managed fund?

The asset allocation of the Clime High Yield Underdogs managed fund is :

Australian Equities: 89.59%

Cash: 10.41%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Clime High Yield Underdogs managed fund?

The Responsible Entity for the Clime High Yield Underdogs managed fund is Clime Asset Management Pty Ltd.

What sector/asset class does the Clime High Yield Underdogs managed fund belong to?

The Clime High Yield Underdogs managed fund belongs to the Equity Australia Large Blend sector/asset class.

What is the size of the Clime High Yield Underdogs managed fund?

As at 31 Mar 2011, the size of the Clime High Yield Underdogs managed fund was $4.05 million.

What is the inception date of the Clime High Yield Underdogs managed fund?

The Clime High Yield Underdogs managed fund has an inception date of 21 Dec 2007.

What is the current entry price of the Clime High Yield Underdogs managed fund?

The current entry price of the Clime High Yield Underdogs managed fund is $0.8383 per unit and the current exit price is $0.8341 per unit (as at 31 May 2011).

What is the current exit price of the Clime High Yield Underdogs managed fund?

The current exit price of the Clime High Yield Underdogs managed fund is $0.8341 per unit and the current entry price is $0.8383 per unit (as at 31 May 2011).

What is the minimum investment amount for the Clime High Yield Underdogs managed fund?

The minimum initial investment amount for the Clime High Yield Underdogs managed fund is $10,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

What our members say about us